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VIS DD (ZAG:VIS) Momentum Rank : 0 (As of Apr. 28, 2025)


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What is VIS DD Momentum Rank?

VIS DD has the Momentum Rank of 0.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

VIS DD Momentum Rank Related Terms

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VIS DD Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » VIS DD (ZAG:VIS) » Definitions » Momentum Rank
Comparable Companies
BOM:530065 SVSA BOM:526761 BOM:526373 BOM:542599 BOM:526687 BOM:531198 TSXV:LHR BOM:526755 BOM:523796 BOM:532145 BOM:532124 BOM:526640 IST:ULAS BOM:537839 BSE:BCM BOM:507981 TSXV:AHP BOM:531088 BOM:541973
Traded in Other Exchanges
N/A
Address
Setaliste Apolonija Zanelle 5, VIS, HRV, 21480
Website
https://www.vis-hoteli.hr
VIS DD is engaged in offering lodging and accommodation services in Croatia. The company offers different types of rooms like air conditioned, climate, and no climate.